STR Market Brief

Cleveland Airbnb Investment Analysis

Estimated short-term-rental revenue, expenses, and net profit on a median-priced Cleveland property — plus regulatory context.

Projected Revenue

$28,945

Net Income

-$7,537

ROI

-23.2%

Booked Nights

237

At 65% occupancy

Cash Invested

$32,500

STR Market Strength

100%

vs. national median

Cleveland STR market context

Cleveland supports a moderate STR market — workable for well-located properties, but without the demand premium of top vacation markets.

Only invest in Cleveland through experienced local management. Stick to Lakewood, Shaker Heights, and Westlake — avoid sub-$80k pricing.

Verify STR permit availability at the parcel level before closing.
Apply a 75% haircut to top-quartile AirDNA comps when projecting revenue.
Budget 35–45% expense ratio (cleaning, supplies, management, channel fees, utilities).
Model a long-term-rental fallback scenario in case STR rules tighten.